Accounting Manager
5 months ago
Job Title: Accounting ManagerFLSA Status: ExemptSalary Grade: SupervisorOperating Company and Department: Washington, AccountingReports To: Finance Director Summary:Purpose: This position will be responsible for establishing, auditing and reviewing proper accounting and controls over all inventory transactions. Establishing and ensuring the ongoing accuracy of standard cost for products produced at the Washington plant. Reviewing and analyzing manufacturing, purchasing and absorption variances to ensure accounting accuracy. Responsible for modeling costs. Dimensions: The individual will be lead financial representative at the site. Will interface with the plant at all levels. Including leadership and shop floor. This position will have contact with Corporate Accounting personnel, as well as Accounting personnel at other plants. Additionally, there will be contact with Marketing and Operations Management. Responsibilities/Principal Duties:
- Develop proper controls over purchasing, receiving, issuance and shipping to ensure proper inventory accuracy and control.
- Work with the Materials and Production Departments, to ensure they have proper controls to ensure inventory accuracy. Audit the Materials and Production Departments, to ensure proper procedures and controls are being followed.
- Review Bill of Materials for accuracy; and, roll and update standard cost for any make items, when applicable.
- Keep records of Production Trail Activity and prepare journal entries, to book the cost to Marketing and Sales.
- Prepare monthly journal entries to book over/ under absorbed labor and overhead, as well as other miscellaneous entries.
- Review monthly Plant overhead and reclass expenses, when needed.
- Compile an estimate of material efficiencies, from production data and prepare film cost estimates to be used in weekly forecast.
- Review the Uninvoiced Receipts and Accrual Reconciliation Reports; and, make needed corrections to clear aged items or determine that an aged item should be written off.
- Work with the Materials Manager to ensure all locations are properly counted for the Quarterly Cycle Counts.
- Prepare site weekly Forecast. Responsible for providing Standard to Actual, MUV and PPV estimates.
- Prepare site annual budgets. Responsible for establishing standard costs and variable/ fixed overhead budgets.
- Prepares special cost analysis, as requested for new and existing products.
- Provide support to Marketing by providing cost studies for new and updated products.
- Present financial results to various levels in the organization.
- BS/BA degree required, preferably in the Accounting discipline.
- Minimum of 5 years of related experience, working in a manufacturing facility in an Accounting role
Physical/Cognitive Requirements:Work is performed in an office environment with frequent contact with others. Requires prolonged sitting and frequent bending, stooping and stretching, manual dexterity, occasional lifting, and the use of office equipment. Strong knowledge of Excel, Word and database application (i.e. JDE). Significant understanding of manufacturing cost accounting and some exposure to ERP (Enterprise Resource Planning) systems. Excellent communication, analytical and problem-solving skills. Equipment:Knowledge of and skills in the use of office machines (computer and copier) and business procedures. Strong computer aptitude and experience. Proficient to advanced knowledge of Microsoft Office required.
Work Environment:Job functions will be performed in office areas and in and around the production facility.
Internal and External Contacts:This position will interface with the plant workforce and management team as well as corporate personnel. Externally, this position will deal with outside vendors.
Disclaimer: “The above statements are intended to describe the general nature and level of work to be performed. The above statements are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the incumbent in this position. Management retains the discretion to add to or change the duties of the position at any time.”
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